v3.26.1
Common Stock
 12 Months Ended
Feb. 28, 2026
Equity [Abstract]  
Common Stock
8.
Common Stock
 
Share transactions for the year ended February 28, 2026:

a)
On October 8, 2025, the Company issued 100,000 shares of common stock for proceeds of $50,000.
 
b)
On November 11, 2025, the Company issued 800,000 shares of common stock with a fair value of $1,120,000 to settle notes payable to related parties and accrued interest totaling $215,600, resulting in a loss on settlement of debt of $904,400.
 
c)
On February 24, 2026, the Company issued 100,000 shares of common stock for proceeds of $50,000.
 
d)
During the year ended February 28, 2026, the Company accrued 200,000 shares of common stock issuable with a fair value of $137,000 pursuant to Director Agreements (Note 10(a) and Note 10(b).
 
Share transactions for the year ended February 28, 2025:
 
a)
On June 13, 2024, the Company issued 220,000 shares of common stock with a fair value of $147,400 to the acquire the remaining 49% non-controlling interest in Huntpal LLC
. At the date of acquisition, the carrying value of the non-controlling interest was $nil, resulting in a loss of $147,180 which was offset against additional paid-in capital.
 
b)
On July 22, 2024, the Company issued 200,000 shares of common stock for proceeds of $100,000.
 
c)
On September 6, 2024, the Company issued 100,000 shares of common stock with a fair value of $67,000 for legal services, which vest on September 6, 2025. The fair value was recorded of the shares of common stock will be amortized over the 12-month vesting period. The issuance is also subject to a 5-year service condition, for which the shares of common stock will be clawed back on a pro-rated basis for any portion of the service term not provided. During the year ended February 28, 2025, the Company recognized legal fees of $27,917 related to this issuance. As at February 28, 2025, the Company has recognized $39,083 in prepaid expenses and other current assets.
 
d)
On February 26, 2025, the Company issued a total of 250,000 shares of common stock with a fair value of $250,000 to the former COO and director of the Company for services pursuant to a Director Agreement and Officer Agreement (Note 10(b).
 
e)
On February 26, 2025, the Company issued 116,667 shares of common stock with a fair value of $113,334 to a director of the Company pursuant to a Director Agreement (Note 10(a).
 
f)
During the year ended February 28, 2025,
the Company accrued $111,875 of common stock issuable for 162,500 common stock pursuant to Director Agreements (Note 10(a) and Note 10(b).